House Committee Advances Portion of the President's Jobs Plan
October 26, 2011
Contact: Doug Heye, Megan Whittemore
202-225-4000

WASHINGTON, D.C. – Today House Majority Leader Eric Cantor (R-VA) released the following statement regarding the House Committee on Financial Services’ advancement of four bills to ensure small businesses and entrepreneurs can access capital so they can grow and create jobs. Elements included in these bills are supported by the President and both parties in Congress.

“We need to move past our differences and come together to create an environment for economic growth and job creation. I agree with President Obama that we can’t wait – and the House isn’t waiting. We know that small business men and women are the engines of growth in this country and right now these job creators are unable to invest, expand and hire due to the uncertainty coming from Washington.

“When the President addressed Congress in September, he spoke about the need to reduce regulatory burdens on small businesses and make it easier for these job creators to access capital. House Republicans agree. Today, the Financial Services Committee in the House passed four common sense bills to achieve these goals. These bills will help business owners and entrepreneurs access a broader spectrum of investors and will ease the regulatory burdens that growing small businesses face. I thank Chairman Spencer Bachus and the members of the Financial Services Committee for their hard work to ensure our small businesses and entrepreneurs can get back into the game of job creation.”